This property might be a fair Long-Term investment with a projected 0.69% first-year return on $72,639 initial cash invested.
0.69%
Cash On Cash
7.47%
Cap Rate
1.11
DSCR
$3,282
Rent
$42
Cashflow
Cash Flow
$3,282 income − $3,240 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,639
Downpayment
20%
$69,180
Closing costs
1%
$3,459
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,282
Total Expenses
$3,240
Mortgage P&I
59%
$1,948
Property Taxes
10%
$318
Home Insurance
4%
$121
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0